Credit, collections & insolvency news

Henry Howard Finance has announced that Mark Catton, has been appointed as the new group Chief Executive of Henry Howard Finance Group, Catton is a former Chief Executive of RBS’ UK corporate bank.

Catton will take over from the current group CEO and co-founder Mark Crook.

Reflecting on the recent successes of the business, Mark Crook said “The growth across both our asset-based lending and invoice discounting divisions reflects our ability to identify and convert opportunities in the finance sector. Last year saw accelerated lending on our own balance sheet and we plan to feed our appetite for own-book lending as we look ahead.”

“The last few years have been an incredible journey for HHF, as we transitioned from a finance brokerage to a fully-fledged lender. This latest announcement represents an exciting new chapter, both for myself and for the group, as we plan for the next phase of growth and investment.”